iShares MSCI Spain ETF (NYSEARCA:EWP) Sees Strong Trading Volume – Here’s What Happened

iShares MSCI Spain ETF (NYSEARCA:EWP) shares saw unusually-strong trading volume on Monday . Approximately 1,041,337 shares were traded during mid-day trading, an increase of 223% from the previous session’s volume of 322,098 shares.The stock last traded at $38.28 and had previously closed at $38.44.

iShares MSCI Spain ETF Price Performance

The business has a fifty day moving average of $34.89 and a 200 day moving average of $33.82. The stock has a market cap of $866.92 million, a price-to-earnings ratio of 11.90 and a beta of 0.95.

Institutional Investors Weigh In On iShares MSCI Spain ETF

Several hedge funds have recently modified their holdings of the business. FMR LLC raised its stake in iShares MSCI Spain ETF by 1,603.8% during the third quarter. FMR LLC now owns 1,806 shares of the exchange traded fund’s stock worth $64,000 after acquiring an additional 1,700 shares in the last quarter. Steward Partners Investment Advisory LLC acquired a new position in iShares MSCI Spain ETF during the fourth quarter worth $61,000. Global Retirement Partners LLC acquired a new stake in shares of iShares MSCI Spain ETF in the fourth quarter valued at $88,000. Creative Financial Designs Inc. ADV increased its stake in shares of iShares MSCI Spain ETF by 78.4% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 4,092 shares of the exchange traded fund’s stock valued at $127,000 after buying an additional 1,798 shares in the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new stake in shares of iShares MSCI Spain ETF in the fourth quarter valued at $185,000.

iShares MSCI Spain ETF Company Profile

iShares MSCI Spain Capped ETF, formerly iShares MSCI Spain Index Fund, is an exchange-traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Spanish market, as measured by the MSCI Spain Index (the Index).